PokerStars To Refund Full Tilt Poker Player Money?

It’s still just a rumor, but a forum thread on Two Plus Two claims that PokerStars has reached an agreement with the US Department of Justice to buy Full Tilt Poker.

According to the source who posted the thread, all players will be refunded 100% and both sites will be back online. The source also claims that both sites will have promotions and the employees for both companies will remain on.

Note: This story has not been confirmed yet. More updates to come.

Update: Contrary to reports that Groupe Bernard Tapie bought Full Tilt, EGR has reported that the purchase has not come to fruition. Groupe Bernard Tapie has released a statement saying that it has not purchased Full Tilt Poker because of ”unresolvable” legal complications and failure to agree on player repayment plan.

Update: Chilipoker CEO Alexandre Dreyfus said via Twitter that PokerStars was buying Full Tilt for $750 million, which includes the $330 million to pay back all players.

Update: PokerStars releases statement in light of circulating rumors.

“We’ve had a lot of enquiries and there’s lots of speculation on the forums, so I wanted to address the PokerStars chatter. As you know, PokerStars is in settlement discussions with the U.S. Department of Justice. As such settlement discussions are always confidential, we are unable to comment on rumors. As soon as we have information to share publicly we will do so.” - Eric Hollreiser, Head of Corporate Communications, PokerStars

Update: Reports from EGR say that Full Tilt’s two indicted executives could be cleared should this sale go through.